Posted on 03/13/2017 2:32:51 PM PDT by Oldeconomybuyer
A Republican plan to repeal taxes set under Obamacare would benefit the wealthiest U.S. households at more than five times the rate for middle-income families, according to the nonpartisan Tax Policy Center.
"The effects are really very dramatic. We found that a typical middle-income family would get a tax cut averaging about $300, while people in the top 0.1 percent would get a tax cut of about $207,000," Howard Gleckman, a senior fellow at the nonprofit research group, said on Monday. (tpc.io/2n1Mdwi)
The expected benefits equal 2.6 percent of a wealthy family's after-tax income, but only 0.5 percent of the income of a middle-class household making $51,600 to $89,400 a year, including fringe benefits like employer-provided health insurance, the center estimated. The top 0.1 percent of U.S. families have income of at least $3.9 million.
(Excerpt) Read more at reuters.com ...
?
what is this moron talking about.
BS
Liberals are as predictable as the rising sun. F**k them all, it’s our turn now.
so what ? where are the taxes coming from in the first place ?
Bull
The ObamaCare costs are being covered by the middle class and it’s breaking their backs
What this libtard asshole is really saying is to make sure the free stuff gravy train of free medical care NOT STOP.
Why? Are the wealthiest paying five times more now under obama’s socialist plan? I’m guessing the wealthy are currently paying infinitely more than most of the people who are subsidized or get it free.
that’s why it is worthwhile to be wealthy.
if you are lazy, you don’t catch the breaks
Rich....fair share...blah, blah, blah.
It’s not repeal.
I want every instance of “the Secretary shall” to be repealed.
I want every new agency and their access to medical records repealed.
All of it.
I guess we now know who some of the Major Players in the Drug Trade are, Journalists!.
Only a crackhead would come up with crap like this.
Bfl
It won’t benefit anyone except cowardly Republican politicians. And they only think it will benefit them.
>>e found that a typical middle-income family would get a tax cut averaging about $300, while people in the top 0.1 percent would get a tax cut of about $207,000,”<<
Let’s see here. Those who PAID the most, SAVE the most.
Damn mathematics! Racist, just like Wayne State says!
By rolling back the tax hike on the wealthy that Obamacare contained, the wealthy thus get their taxes cut in the repeal.
Easy:
“H.R. 3590, ‘The Patient Protection and Affordable Care Act,’ is Hereby Repealed in Its Entirety.”
Worked for the 18th Amendment.
This nation needs a flat consumption tax.
Damn the 16 amendment, we sold ourselves into slavery.
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